FOLEY, Ala. — By this time tomorrow, GlenLakes Golf Club Inc. will be placed in the hands of vested shareholders that include residents and club members.

GlenLakes President David Vosloh announced that efforts to purchase the club from Textron Financial Corporation have been under way for about six months.

“At midnight on Oct. 16, we’re taking it over,” he said.

Textron had obtained the club five years ago. But a group of 44 local investors joined together to take over the golf course.

“We want to take it back to the presentable condition that it was,” Vosloh said.

The investors have provided enough funding to allow for the purchase outright of the course, followed immediately by the purchase of some new maintenance equipment and some clubhouse and kitchen improvements. The company is directed by an elected, seven-member board of directors.

“I’m the president of the board,” Vosloh said.

In addition, a new general manager, David Watson, will provide day-to-day management of the course.

“David is currently in Gulf Shores,” Vosloh said, adding that Watson will come to Foley after serving as director of golf operations and lead teaching pro at Kiva Dunes Golf Course in Gulf Shores. “While sorry to leave his current employer, David is young, energetic, loves to teach and is looking forward to taking the reins at Glenlakes and moving up in his professional career.”

Watson is from the Denver area and is married to Charlotte, the daughter of a Robertsdale area physician. He has a business degree in golf course management and did three internships at great courses, including the TPC Sawgrass course near Jacksonville, Fla.

“The board has given him the responsibility to hire the team he needs to make Glenlakes great, and he intends to interview every applicant himself over the next few days and make the hiring decisions,” Vosloh said, adding that applications can be found in the lobby of the clubhouse.

According to the board president, Watson will not only improve the look of the golf course, but will also improve the club’s food-and-beverage department.

“He wants to make the food choices so good that outsiders will drive to the clubhouse for a luncheon, and eventually breakfast,” Vosloh said.

That’s not the only change in store, under the new board.

“We’re going to have a special new membership for people who work,” Vosloh said, explaining that the membership will include playing opportunities throughout the weekend and after 1 p.m. during the week. “It’ll be less expensive.”

Glenlakes currently has approximately 160 members.

“They play about 35,000 rounds of golf a year,” Vosloh said.

He also pointed out that despite the transition, players cards outstanding and gift certificates outstanding will be honored by the new company.